# ME Group

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/me-group

- Industry: Consumer Products
- Headquarters: Guangzhou, China
- Latest round: Angel (Oct 28, 2022)
- Investors on record: 2

## About

Founded in 2019 and based in Guangzhou, China, ME is a company that focuses on building an Internet cosmetics brand. In September 2023, the firm raised CNY 536 million in strategic investment from new investor Yunnan Botanee Bio-Technology Group. Following the transaction, Yunnan Botanee Bio-Technology Group will hold a 51% of controlling stake in the company.

The company's main business is the development of Internet cosmetics brands. It focuses on the dual brands of Za Jirui and Pomei, and carries out online and offline omnichannel sales. The company's business covers cosmetics, skin care, tea drinks, etc.

In 2022, the company's operating income was CNY 308.25 million, and the net profit was CNY 14.29 million.

## Funding rounds

- Angel, Oct 28, 2022 — GP Capital, Baojiehui Venture Capital

## Investors

- GP Capital (https://capitalatlas.ai/funds/gp-capital) — Angel
- Baojiehui Venture Capital (https://capitalatlas.ai/funds/baojiehui-venture-capital) — Angel